Q8. Sweetwater & Associates write weekend trip insurance at a very nominal charge. Records show that the probability that a motorist will have an accident during the weekend and file a claim is 0.0005. Suppose they wrote 400 policies for the coming weekend, what is the probability that exactly 4 claims will be filed?

Q: Richie’s Insurance Company offers a $250,000 life insurance policy for a premium of $750 per year.…

A: Expected value :- E(X) = ∑xP(x)

Q: The probability that the supermarket will stop selling cereal is

A:

Q: (d) Based on your answer in part (c), what is the probability that the two categories are different?…

A: * SOLUTION :-    Given that ,

Q: What is the probability of flipping a quarter four times and it landing on Tails each time? Type…

A:

Q: Suppose you bet $8 on a horse at your favorite race track who's odds of winning are 3/8. A) what…

A: Part (A) Let A be the event represents the winning of horse. Given that, odds of winning the race is…

Q: Suppose that the probability that a child living in an urban area in the US is obese is 20%. A…

A: The pmf of the binomial random variable with parameters n = 10 and p = 0.20 is given as follows:

Q: If records indicate that 2 houses out of 1000 are expected to be damaged by fire in any year, what…

A: Let us denote X= number of damaged houses Given that the probability of a damaged house= 2/1000 =…

Q: Suppose you were asked to calculate the probability that the price is greater than or equal to…

A: Given: Suppose you were asked to calculate the probability that the price is greater than or equal…

Q: d. What is the probability that the event A will occur? е. What is the probability that the event B…

A:

Q: What is the probability that he will pass the exam, if the passing rate is 60%.

A: here given ,  exam is multiple choices , each question have 4 choices  p = probability of correct…

Q: the director of a film festival received 8 submissions, 5 of which were silent films. If the…

A:

Q: - The average number of matches where the football matches of the Galatasaray football team were…

A: See the hand written solution

Q: if the odds against an event occuring are 4 to 5, compute the probability of the event occurring

A: Probability= wanted outcomes/ Total outcomes   odds= wanted outcomes/unwanted outcomes

Q: A nurse has found that persons calling a medical advice line who think they have the flu, only…

A: Solution: Let X be the number of callers actually have the flu and n be the sample number of…

Q: (c) If a bank receives on the average of 6 bad cheques per day. Find the probability that it will…

A: Solution

Q: On new years eve, the probability of a person driving while intoxicated is 32% the probability of a…

A: The probability of a person driving while intoxicated P(A)=0.32 The probability of a person having a…

Q: If P(E) = 0.73, what is the probability of P(E)?

A:

Q: What is the probability that a sale will be made before the fourth sales call if the probability you…

A: From the given  information, Probability of success (he made sale call) = 0.17 p=0.17q=1-0.17  =0.83…

Q: What is the probability that a card drawn randomly from a standard deck of 52 cards is an ace?…

A: Obtain the probability that a card drawn randomly from a standard deck of 52 cards is an ace   The…

Q: What's the probability that she eats ramen tomorrow?

A:

Q: d)  For which temperature is the probability 0.075 that it will be exceeded during one day?

A: d) The probability value is 0.075.

Q: Q3/The Dallas-Fort Worth Airport claims that 80% of their flights are on time. If the claim is…

A: We have given that  n=25 , p=80%=0.80 X~Binomial(n=25,p=0.80)

Q: From the consulting company records 70% of the stocks are profitable over the next year. What is the…

A:

Q: c) Last Sunday, Kedah FC won their match. What is the probability that it was a wet day?

A: Given , P( wet day ) = 2/5 P( Dry day ) = 1 - 2/5 = 3/5 P( win | Dry day ) = 3/7 P( win | wet day )…

Q: If the probability that the Islanders will beat the Rangers in a game is 1/3, what is the…

A: Solution: Let X be the number of games Islanders will win in a against the Rangers and n be the…

Q: What is the probability that none is 1.

A: Answer: n = 9 cards

Q: What is the probability that thanksgiving falls on a thursday?

A: Thanksgiving day:It is known that Thanksgiving is always celebrated on fourth Thursday of November…

Q: Suppose the probability of a IRS audit is 2.1% for U.S. taxpayers who file form 1040 and who earned…

A:

Q: a. What is the probability that Harriet misses for the first time on her 10th shot? b. What is the…

A: here given ,  Harriet , a basket ball player can score from the 3-point line with probability 87%  p…

Q: Barbara sends about 12 emails on an average 8‐hour workday from 9 am to 5 pm. (i) What is the…

A: Barbara sends 12 emails on an average in 8 hours (9 am to 5 pm) So, Barbara sends 12/8 = 1.5 emails…

Q: A trail mix contains a mixture of nuts: pecans, walnuts, hazelnuts, and peanuts. If the probability…

A: From the provided information, The probability of reaching into the trail mix and getting pecans is…

Q: Poppy and her teammates are each chewing a piece of tropical flavoured gum before their championship…

A:

Q: Find the probability that Joe is early tomorrow. Given that Joe was early, what is the conditional…

A: Define some events A: it will rain B: it will not rain E: Joe is early to work.

Q: What is the probability that Z is between 1.53 and 1.84​?

A:

Q: Suppose you flip a fair coin twice. What is the probability that the outcome is the same both times?…

A: Consider the head surface of the coin is H and the tail surface is T. The coin flips twice.…

Q: The Hiking Club plans to go camping in a State park where the probability of rain on any given day…

A: Answer: Given that: p=P(rain on any given day)=0.30 , n= 5 now will use Binomial probability…

Q: 1. Assume that the current price of Microsoft stock is $28 per share. What is the probability that…

A: The given current price of the stock is S=28 Let K=35 To calculate the probability of the price of…

Q: Find the probability of an event E if the odds for E is equal to the odds against

A: Odds of an event:The odds an event is given by the ratio of the probability of the event to its…

Q: At Frosty Freeze, 5 of the last 20 sundaes sold had nuts. What is the experimental probability that…

A: 5 have nuts 15 have not nuts 20 total sundaes P(next sold have nuts) = ?

Q: 1 be a probability? Can the value

A: Yes

Q: What is the probability that it rains tomorrow?

A: Here define events and draw tree diagram

Q: Richies insurance company offers a 250,000 life insurance policy for a premium of $750 per year. If…

A: Let X be the net value of the policy to the insurance company. X be the discrete random variable.…

Q: Suppose the probability of an IRS audit is 1.2 percent for U.S. taxpayers who file form 1040 and who…

A: Given information- We have given the probability of taxpayers who file form 1040 and who earned…

Q: There are five flights daily from Pittsburgh via US Airways into the Bradford Regional Airport in…

A: Given number of lights = n = 5 Probability that any flight arrives late = 0.2 Let X denotes the…

Q: the probability that more than 6 will need a warranty repair?

A: here given n = 20 p = probability that car needs warranty repair q = 1-p = 0.8 here use binomial…

Q: b) What is the probability that a customer has ice cream or sticky toffee pudding?

A:

Q: Find the probability the service was poor, given that the meal was dinner.

A: The conditional probability formula is, PA|B=PA∩BPB The probability that the person is divorced…

Q: Sweetwater & Associates write weekend trip insurance at a very nominal charge. Records show that the…

A:

Q: What is the relationship between two events if the conditional probability is equal to the…

A: Given if P(A|B) = P(A)

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.